Flat SARFAESI Auction Symbolic Possession

381 sq feet Flat for Auction in Neral, Alibag – Canara

Neral, Alibag, Maharashtra · Auction ID #109843

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Flat for auction in Neral, Alibag – Canara – photo 1
Flat for auction in Neral, Alibag – Canara – photo 2
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Reserve Price ₹13,60,000 34.7% lower than previous auction (₹20.84 L)
EMD (Earnest Money)—
Bid Increment—
Auction Date 17 Nov 2026, 11:00 AM In 4 days
EMD Last Date 17 Nov 2026, 10:30 AM In 4 days
Area381 sq feet
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Property Details

Property type
Flat (Residential)
Possession
Symbolic Possession
Area
381 sq feet (≈ 381 sq ft)
Reserve price / sq ft
₹3,570
Locality
Neral
City
Alibag
Pincode
410201
Address
Neral, Maharashtra, 410201 View on map

Description (as per sale notice)

BAANKNET Property ID: CNRBFLAT209
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Bank & Auction Details

Bank / Lender
Canara Bank
Branch
MUMBAI SPECIALISED ARM BRANCH
Auction type
SARFAESI Auction
Borrower
Mr. P***** G***** C*****
Auction start
17 Nov 2026, 11:00 AM
Auction end
17 Nov 2026, 12:00 PM
EMD submission deadline
17 Nov 2026, 10:30 AM
Inspection
—
Authorised officer
Sumit Sinha
Officer contact
9572280694
E-auction portal
BAANKNET (Property ID CNRBFLAT209)
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Price Check

This listing's reserve price works out to ₹3,570 per sq ft. The average across residential bank auctions in Alibag on our site is ₹6,099 per sq ft, so this one is 41% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

Previous Auctions of This Property

Auction dateReserve price
17 Nov 2026₹13,60,000This auction
30 Sep 2026₹20,84,000View

How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
  2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRBFLAT209)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 17 Nov 2026, 10:30 AM. It is refunded if you don't win.
  5. Bid online on 17 Nov 2026 starting above the reserve price.
  6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Canara Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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